Good question johnno.
It's one I asked myself often when I looked at News Corp - to the conclusion that the market followed the man / leader, certainly not the return or divi!!
Same here i guess, I'm now looking at the man / leader at ceo, his credentials and experience as reported and gleaned off other web info - dyor - as well as the massive potential if Mark can get in the door at either Mono OR Indo. Both would be magic - imo.
So at present m/c, guess I'm thinking we have a reasonable scope to move nth. Also thinking that any c/r would be down the track, after securing leases / deals.
In that respect, would analyse when that situation arises.
Right here, right now, we all need to go with our own gut-feel, and 'vote accordingly'.
The coal market is big, and appears to be getting bigger.
Happy to be apart of this growth industry.
Cheers :)
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